Events Calendar

Tips to Minimize the Impact of NIIT on Trusts and Estates

Continuing Legal Education

September 24, 2014 Wednesday 4:00pm - 5:00pm

The progressive implementation of various components of the Affordable Care Act of 2010 was certainly noticeable in 2013. The Net Investment Income Tax (NIIT), a 3.8% surtax on most passive investment income, became effective on January 1, 2013. This new surtax applies to not only individuals, but trusts and estates as well. The impact on individual taxpayers has received much attention. Because of lower applicability thresholds, trusts and estates may be more vulnerable to the new NIIT than individuals.

This seminar will provide advisors with tips and tools to consider when determining the best overall family tax planning strategies to effectively navigate the NIIT thresholds.